Global Neuromodulation Devices Market Size & Outlook
The neuromodulation devices industry worldwide is expected to reach a projected revenue of US$ 8,266.9 million by 2030. A compound annual growth rate of 9.5% is expected of the worldwide neuromodulation devices industry from 2023 to 2030.
Revenue, 2022 (US$M)
$4,004.5
Forecast, 2030 (US$M)
$8,266.9
CAGR, 2023 - 2030
9.5%
Report Coverage
Worldwide
Global neuromodulation devices market, 2018-2030 (US$M)
Related Markets
Global neuromodulation devices market highlights
- The global neuromodulation devices market generated a revenue of USD 4,004.5 million in 2022 and is expected to reach USD 8,266.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.5% by 2030.
- In terms of segment, spinal cord stimulators accounted for a revenue of USD 1,641.7 million in 2022.
- Deep Brain Stimulators is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,004.5 million |
| Market revenue in 2030 | USD 8,266.9 million |
| Growth rate | 9.5% (CAGR from 2022 to 2030) |
| Largest segment | Spinal cord stimulators |
| Fastest growing segment | Deep Brain Stimulators |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Transcranial Magnetic Stimulators |
Other key industry trends
- In terms of revenue, the North America accounted for 44.7% of the global neuromodulation devices market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 30.6 million by 2030.
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Neuromodulation Devices Market Scope
Neuromodulation devices market segmentation & scope
Spinal Cord Stimulators
Deep Brain Stimulators
Others
Sacral Nerve Stimulators
Vagus Nerve Stimulators
Transcranial Magnetic Stimulators
Parkinsons Disease
Chronic Pain
Migraine
Epilepsy
Tremor
Depression
Urinary & Faecal Incontinence
Others
Neuromodulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global neuromodulation devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neuromodulation devices market will help companies and investors design strategic landscapes.
spinal cord stimulators was the largest segment with a revenue share of 41% in 2022. Horizon Databook has segmented the Global neuromodulation devices market based on spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, transcranial magnetic stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Neuromodulation Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Spinal Cord Stimulators
- Deep Brain Stimulators
- Others
- Sacral Nerve Stimulators
- Vagus Nerve Stimulators
- Transcranial Magnetic Stimulators
- Global Neuromodulation Devices Technology Outlook (Revenue, USD Million, 2018-2030)
- Internal
- External
- Global Neuromodulation Devices Application Outlook (Revenue, USD Million, 2018-2030)
- Parkinsons Disease
- Chronic Pain
- Migraine
- Epilepsy
- Tremor
- Depression
- Urinary & Faecal Incontinence
- Others
- Global Neuromodulation Devices Biomaterials Outlook (Revenue, USD Million, 2018-2030)
- Polymeric Biomaterial
- Metallic Biomaterial
- Ceramic Biomaterial
- Global Neuromodulation Devices End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Ambulatory Surgery Centers (ASC)
- Clinics & Physiotherapy Centers
- Others
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Target buyers of Global neuromodulation devices market databook
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Our clientele includes a mix of neuromodulation devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global neuromodulation devices market , including forecasts for subscribers. This global databook contains high-level insights into Global neuromodulation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global neuromodulation devices market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Neuromodulation devices market size, 2022 (USD Million)
Top 10 countries: Neuromodulation devices market size, 2022 (USD Million)
Global neuromodulation devices market, by region, 2022 (US$M)
Related regional statistics
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